The Sensex closed lower on the first day of October series after seeing consolidation throughout the session. Fall in technology, banking, telecom and metal companies' shares kept the markets nervous throughout the day. However, pharma and oil & gas stocks bucked the trend and remained supportive to the benchmark indices.


Sensex closed at  16,693, down by 88.43 points from the previous Close.
Nifty closed at 4958.95, down by 27.6 points from the previous Close.

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